$REX
Let’s analyze this #REX /USDT chart step by step (4H timeframe):
🔎 Observations:
Current Price: $0.0299
24h High/Low: $0.03008 – $0.02544 (price is now near the day’s high).
Moving Averages (MA):
MA(5) = 0.02815
MA(10) = 0.02710
MA(20) = 0.02576
👉 Price is above all these averages → bullish momentum.
Volume: Increasing, which supports the uptrend.
MACD: Just crossed positive (bullish signal).
📈 Possible Short-Term Levels:
Immediate Resistance: $0.0300 – $0.0315
(If broken, price may rally further.)
Next Resistance: $0.034 – $0.036
(Likely if volume stays strong and BTC market is stable.)
Support Levels:
First support: $0.0280
Strong support: $0.0255
⏳ Prediction (short-term, based on chart only):
If bullish momentum continues → Target zone: $0.031 – $0.034
If price fails at resistance → retracement back to $0.027 – $0.028
⚠️ Note: Crypto is highly volatile. Always use stop-loss (for example below $0.027) if you enter a long trade.